Listen to archived shows on demand right now

bingo-wnpv

Latest News

Slow Recession Recovery Predicted

univestUnivest Economist Gary Wolfer says the economy has had six consecutive quarters of positive growth, but recovery is slow compared to previous recessions. “For example, the amount of unemployment that occurred during this last Great Recession is in excess of every postwar recession that we’ve had.  This is not your standard garden variety recession.  This really took a toll, specifically on workers in the construction industry.  Those jobs I don’t think are coming back.”

He says he’s projecting Gross Domestic Product growth of 3.5 percent or better this year, but it’s unlikely the unemployment rate will drop below 9 percent, and the long-term jobless will need re-training.  Certified Financial Planner George Toth of Chestnut Investment Advisory in Montgomery County says he agrees that long-term unemployment is a big part of the problem.

“When you have Unemployment Compensation out over two years, and you have more people retiring at 62 and more people going out on disability, I think the damage to the workforce because of this is significant.  I have no clue about the efficacy of re-training because that’s a function of desire and a function of demand.”

Economist Wolfer says the economy is shifting from recovery to expansion, but it will take time.

“In fact we’re nowhere near working it off now because we’re not in a job creation phase of that recovery.  I feel that right now there’s not enough credit out there.  Credit is just not being created.  It’s not a matter of interest rates.”

He says unemployment is still very high, and companies are not yet ready to start borrowing and hiring, so it could be another two years before the economy is back on track.  Financial Planner Toth says smaller companies, with anywhere from a few employees to a few hundred, need to see some sales down the road before they start borrowing and hiring.

“Their demands for credit are a function of demands for their products and services, so if there’s no demand for credit that’s not surprising because there’s no demand for the end products of those companies that are employing people.”

Toth says companies are hiring, but only a few people here and there.  He and Wolfer appeared Tuesday on a special edition of the WNPV talk program “Comment Please by Univest,” looking ahead at the economy in the New Year.

Holiday Concert Music

holiday_concert_music

WNPV AM 1440 Tomorrow's high school concerts on WNPV 1440 AM or www.wnpv1440.com: 12-12:30 = Quakertown sponsored by QNB 12:30-1 = Calvary Baptist sponsored by Van Dame Custom Builder 1-1:30 = Perkiomen Valley sponsored by Ambler Savings 1:30-2 = Methacton sponsored by Einstein Medical Center Montgomery 2-2:30 = Upper Perkiomen sponsored by State Farm agent Kathy Clancy 2:30-3 = Wiasshickon sponsored by Ambler Savings followed by The Pinstripe Bowl with Penn State!
WNPV AM Radio 1440 - The Talk of the Suburbs wnpv1440.com WNPV AM 1440 - Radio Station in Lansdale, PA 215-855-8211
WNPV AM 1440 High school concerts today: 12-12:30 = North Penn sponsored by State Rep. Bob Godshall 12:30-1 = Lansdale Catholic sponsored by Tex Mex Connection 1-1:30 = Souderton sponsored by State Sen. Bob Mensch 1:30-2 = Christopher Dock sponsored by Bergey's Electric and Guntz's Auto Service 2-2:30 = Pennridge sponsored by The Weimer Group 2:30-3 = Upper Bucks Christian sponsored by Perkiomen Tours 3-3:30 = Central Bucks West sponsored by Doylestown Hospital 3:30-4 = Plumstead Christian sponsored by Perkiomen Tours More school concerts tomorrow, too! Tune to 1440 AM or www.wnpv1440.com.
WNPV AM 1440 Merry Christmas to all our listeners! Make us a part of your celebrations by tuning to 1440 AM for WNPV's 54th Annual Holiday Caravan of Music! Starting at midnight tonight through 5 AM on Friday, we will eliminate our regular programming and commercials and play continuous holiday music broken into 15-minute segments sponsored by area businesses and industries. Then, starting a 12 noon until 4 PM on Friday, tune in for the holiday concerts performed by students at our local high schools. The high school concerts will continue on Saturday from 12 noon until 3 PM and then will be followed by the Penn State football in the Pinstripe Bowl from Yankee Stadium in New York. To find out the time of YOUR high school concert, check out the icon on the WNPV website ... www.wnpv1440.com. Merry Christmas one and all! Be safe this holiday weekend!
WNPV AM 1440 As reported by Sam Verano, SAHS Principal, this morning, there will be a vigil in memory of Nina Flick and for the full recovery of Anthony Flick at Souderton Area High School this evening. The vigil will be held in the high school gymnasium. Doors will open at 6 PM with the vigil beginning at 6:30. It is expected to last 45 minutes. It would be most appreciated if you could stop by and help promote the vigil and fundsforflick. If you have questions, please contact Melissa Mecca at mmecca1988@gmail.com.
WNPV AM 1440 Tune in to "Comment Please by Univest" tomorrow at 12:40 PM when Darryl Berger's guest will be George Andrew, author of "Eternity and Readiness." To find out more, visit his website www.georgeandrewauthor.com.
The Gospel of Mark – Eternity and Readiness georgeandrewauthor.com The Gospel of Mark – Eternity and Readiness
WNPV AM 1440
Click here to support From happiness to nothing in 1 day by Erika Kershaw www.gofundme.com Im sure you have heard about the montgomery county shooting spree. These two little girls Kayla age 5 and Shannon age 9 were caught in the middle of this and lost their mother, father, grandmother, great grandmother, aunt, uncle, and cousin. Including these girls losing their loved ones Kayla als...

Popular Articles

Listen Live

Full Programming Schedule

Internet Radio or Windows Media Player

TuneIn-2    or    Windows-mps-2

 

EEO Report

Get In Touch

Address: 1210 Snyder Road
Lansdale, PA 19446

Phone: (215) 855-8211

Phone: (215) 723-2116